LG 1 P3-6 Balance sheet preparation Use the appropriate items from the following list to pre- pare in good form Mellark's Baked Goods balance sheet at December 31, 2015. Value (S000) at December 31, 2015 $ 220 450 Value ($000) at December 31, 2015 $ 375 100 55 265 Item Accounts payable Accounts receivable Accruals Accumulated depreciation Buildings Cash Common stock (at par) Cost of goods sold Depreciation expense Equipment Furniture and fixtures General expense 225 420 420 75 475 Item Inventories Land Long-term debts Machinery Marketable securities Notes payable Paid-in capital in excess of par Preferred stock Retained earnings Sales revenue Vehicles 215 90 360 100 2,500 45 140 170 320 210 3,600 25

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